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GTL Infrastructure Ltd (GTLI.NS)

GTLI.NS on National Stock Exchange of India

0.90INR
25 Apr 2019
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Rs-0.05 (-5.26%)
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Latest Key Developments (Source: Significant Developments)

GTL Infrastructure Says Impact Of Aircel's Insolvency To Be Materially Adverse For Co
Thursday, 8 Mar 2018 

March 8 (Reuters) - GTL Infrastructure Ltd ::SAYS IN EVENT AIRCEL BECOMES INSOLVENT, CO WOULD LOSE ALL 23,727 OF AIRCEL'S TENANCIES.SINCE AIRCEL CONTRIBUTED 43 PERCENT OF REVENUES OF CO AS ON MARCH 2017, IMPACT OF ITS INSOLVENCY WILL BE MATERIALLY ADVERSE FOR CO.AS ON MAR 8, AIRCEL HAS OVERDUE OUTSTANDINGS TOWARDS INFRASTRUCTURE PROVISIONING FEES AND PAST SETTLEMENTS OF OVER 3.84 BILLION RUPEES.IF AIRCEL BECAME INSOLVENT, GTL INFRA'S DUES RECOVERABLE FROM AIRCEL FOR REMAINDER OF CONTRACT TERM WOULD BE 127.91 BILLION RUPEES.CO WILL BE RE-NEGOTIATING ARRANGEMENTS WITH EXISTING VENDORS.CO EXPECTS TO ADD AROUND 4,200 TENANCIES FROM CONTINUING OPERATORS DURING THIS FINANCIAL YEAR.CO NOW SEES REVENUE OF 22.67 BILLION RUPEES IN FY 2017-18.  Full Article

GTL Says Co Actively Exploring Options For Sale Of Debt To ARCs, Other Buyers
Thursday, 8 Mar 2018 

March 8 (Reuters) - Gtl Ltd ::WITH EXIT OF TATA TELESERVICES, LIKELY EXIT OF AIRCEL, SIGNIFICANT SCALE DOWN OF GTL INFRA, THERE WOULD BE NEGATIVE IMPACT ON CO'S BUSINESS.SAYS CO EVALUATING OPTIONS TO SUBMIT REVISED ONE-TIME SETTLEMENT PROPOSAL UNDER RBI'S REVISED RESOLUTION FRAMEWORK.SAYS CO ACTIVELY EXPLORING OPTIONS RELATING TO SALE OF EXISTING DEBT TO ASSET RECONSTRUCTION COMPANIES AND OTHER ELIGIBLE BUYERS.  Full Article

India's GTL Infrastructure Posts Dec Qtr Profit
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - GTL Infrastructure Ltd ::DEC QUARTER PROFIT 196.7 MILLION RUPEES VERSUS LOSS 2.10 BILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 6.39 BILLION RUPEES VERSUS 5.70 BILLION RUPEES YEAR AGO.  Full Article

GTL Infrastructure Expects To Reduce Costs By 250 Mln Rupees/Month By June
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - GTL Infrastructure Ltd ::EXPECTS TO REDUCE COSTS BY UP TO 250 MILLION RUPEES A MONTH IN RELATION TO DISCONTINUED TENANCIES BY JUNE 2018.EXPECTS FURTHER IMPACT OF 9,000-11,000 TENANCIES ON ACCOUNT OF VODAFONE-IDEA MERGER AND AIRCEL ISSUES OVER NEXT 12-18 MONTHS.EXPECTS TO ADD 5000 TENANCIES DURING APRIL 2018 TO MARCH 2019.  Full Article

GTL Infra Says NCLT Sanctions Co's Scheme Of Arrangement With Chennai Network Infra
Friday, 22 Dec 2017 

Dec 22 (Reuters) - GTL Infrastructure Ltd ::SAYS NCLT SANCTIONS SCHEME OF ARRANGEMENT BETWEEN CHENNAI NETWORK INFRASTRUCTURE AND CO.  Full Article

Gtl Infra says investment bankers have got various bids from investors under stake sale process‍​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - GTL Infrastructure Ltd ::Investment bankers have got various bids from investors under stake sale process‍​.  Full Article

GTL Infrastructure says appointed Bhupendra Kiny as CFO
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Gtl Infrastructure Ltd ::Says Laxmikant Desai retires as CFO.Says appointed Bhupendra Kiny as CFO.  Full Article

India's GTL Infrastructure Sept-qtr loss narrows
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - GTL Infrastructure Ltd ::Sept quarter loss 463.3 million rupees versus loss of 604.3 million rupees last year.Sept quarter revenue from operations 2.69 billion rupees versus 2.32 billion rupees last year.  Full Article

GTL Infrastructure gets nod from SEBI, exchanges for scheme of amlagamation with Chennai Network Infra
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - Gtl Infrastructure Ltd :Gets approval from SEBI, BSE, NSE for proposed scheme of amlagamation between chennai network infra, co.  Full Article

India's GTL Infrastructure June-qtr loss narrows
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - GTL Infrastructure Ltd ::June quarter loss 74.9 million rupees versus loss of 1.35 billion rupees last year.June quarter total income 2.90 billion rupees versus 2.35 billion rupees last year.  Full Article

No consensus analysis data available.